The Engine Of Democracy-Auto Facts

The Engine Of Democracy Will Be Up Dec. 1st-The Engine Of DemocracyVisitors also will be able to see the impact of Detroit's automakers on their state as well as key facts and myth-busters concerning Detroit's automakers such as:-- The automakers are...

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UAW faces deeper cuts to clinch auto rescue

UAW faces deeper cuts to clinch auto rescueNovember 26, 2008DETROIT (Reuters) -- The union contract hailed as the deal to save Detroit automakers a year ago is in danger of coming undone in the face of the industry's push to secure the federal bailout...

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American Auto Makers-Contributions after September 11th 2001

Contributions after September 11th 2001Ford, Chrysler and GM's 9/11 ContributionsCNN Headline News did a short news listing regarding Ford and GM's contributions to the relief and recovery efforts in New York and Washington. The findings are as follows.........

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Are There UAW Concessions Coming?

(CNSNews.com) – The Big Three automakers are forced to pay 85- to 95-percent of union wages and benefits to members of the United Auto Workers union who aren’t working – even if their plants have been closed. Industry analysts say union labor agreements...

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Chrysler News-Daimler struggles to shed Chrysler

Chrysler NewsTom Krisher / Associated PressDETROIT -- Daimler AG says talks to sell its remaining stake in struggling automaker Chrysler Holding LLC have stalled because of exaggerated demands from Chrysler owner Cerberus Capital Management LP. Daimler...

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Plane facts: GM cutting back fleet

Automaker downsizing to 3 jets; Chrysler owns none while Mulally, family use Ford aircraft.Robert Snell and Alisa Priddle / The Detroit NewsGeneral Motors Corp. has been thinning its corporate jet fleet. Ford Motor Co. continues to explore ways to curtail...

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The Big Three Must Make Their Case For Loan

Automakers to make a clearer case for bailoutCongress is expecting executives to return with detailed business plans that answer three key questions.By KENDRA MARR, Washington Post In just nine days, Detroit's Big Three automakers hope to replead their...

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GM NEWS-GM to extend holiday shutdown, will cut production

DETROIT – General Motors Corp. will extend its holiday shutdown or make other production cuts at five factories at as it deals with a continued U.S. auto sales slump and fights to stay solvent.Also Friday, the company announced changes at five other factories that could increase production of some models, all based on a volatile U.S. auto market that...

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Breaking News:Senate cancels vote on auto bailout

Senate Majority Leader Harry Reid says he wants to help Detroit's Big Three, but he calls off a scheduled vote on a $25 billion auto industry bailout. WASHINGTON (AP) -- The Senate's top Democrat has called off a planned vote this week on a $25 billion...

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Big 3 carmakers beg for $25B, warn of catastrophe

By JULIE HIRSCHFELD DAVIS WASHINGTON (AP) — Detroit's Big Three automakers pleaded with a reluctant Congress Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry, pointedly warning of a national economic catastrophe should...

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V.P. Dick Cheney Indicted On Criminal Activity Charges

Have You Wondered Why V.P. Dick Cheney has been absent during this economic crisis and Auto Industry Rescue Loan?V.P. Dick Cheney has been indicted on Criminal Activity Charges!Political Roast-Cheney, Gonzales indicted in South Texas countyArticle By...

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The Big Three Plead to Congress For A Loan

WASHINGTON – Detroit's Big Three automakers pleaded with Congress Tuesday for a $25 billion lifeline to save their once-proud companies from collapse, warning of broader peril for the national economy as well.It was an uphill battle, with the plan stalled...

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The Big Three Bailout

Battle over Big Three bailout looms in lame-duck Congress(CNN) -- Congress kicked off a special lame-duck session Monday, and a partisan battle awaits over the fate of the nation's Big Three automakers.As newly minted legislators convened in Washington...

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If No Bailout Of The Big Three, Massive Job Loss and Boycotts

It looks like a lot of politicians and so called economic experts are split on the Bailout Of The Big Three. Which to rephrase that, it is a loan to the big three.This week will really heat up the debate over the purposed Auto Industry Rescue plan. It...

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The Big 3 Bailout-Auto executives in spotlight as U.S. weighs bailout

By John Crawley and Paul EckertWASHINGTON (Reuters) - U.S. automakers should consider executive shake-ups if it would ensure congressional backing for a bailout supporters say is needed to prevent industry collapse, an architect of the effort said on...

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Chrylser News-Greedy Chrysler Executives Get Millions In Bonuses!

Read this article your going to flip! Massive bonuses to Chrysler's top executives!Chrysler execs get millions to stay putAutomaker defends payouts amid looming bailout talksAs Detroit's crumbling auto industry asks Congress for a bailout, Chrysler is...

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Chrysler News-Nardelli Said Chrylser must have Merger or Alliances To Survive!

Checkout the latest Reuters report! Nardelli wants the bailout loan and still a merger with a domestic company or overseas Alliances!Chrysler urges bailout, Washington split REUTERS By Soyoung KimDETROIT (Reuters) - Goldman Sachs suspended its rating...

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Chrysler News-Could Chrysler Just Become Jeep Corp.?

Here is a very interesting article about Chrysler LLC just becoming Jeep Corp and dropping some of its vehicles to survive!US News.comOne Way for Chrysler to Exit the SceneDoes the name "Chrysler" get your juices flowing? Make you crave the open road?...

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Last Hope-Automakers bailout-Pelosi, Reid to Seek Automakers Bailout Next Week

It's Next Week Or bust! Will The Automakers get the rescue money they need? ABC News' Jonathan Karl reports: House Speaker Nancy Pelosi says she'll seek assistance for Detroit automakers during a lame-duck session next week.The idea is to pass a bill...

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Henry Paulson: Rescue package not for automakers

David Shepardson / Detroit News Washington BureauWASHINGTON -- Treasury Secretary Henry Paulson said Wednesday he would move to open up the auto financing market, saying he favors rewriting the rules overseeing a $25 billion retooling loan program for...

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Bailout-Obama suggested more help for auto industry

WASHINGTON (Map, News) - President-elect Obama suggested to President Bush that the administration immediately provide extra help to struggling U.S. automakers, aides to the Democrat say, in their first face-to-face meeting since Election Day.Obama's...

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GM News-GM shares hit 65-year low amid liquidity concerns

DETROIT (Reuters) – Shares of General Motors Corp plummeted 15 percent to a 65-year low on Tuesday, extending recent steep declines on lingering concerns that the automaker's cash holdings might fall below the necessary minimum during the first quarter.Shares...

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Hyundai Motor stock down on trade fears, Chrysler

SEOUL (Reuters) - Shares in South Korea's Hyundai Motor fell on Monday as investors worried the United States may harden its stance on car trade and on talk, denied by Hyundai, that it may target parts of money-losing Chrysler.Hyundai, the country's...

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Wall Street Journal-America's Two Auto Industries

Government Aid to GM, Ford, Chrysler Could Preserve Old Way of Building and Selling CarsCan you imagine life without General Motors Corp.? That's now an urgent question facing America's political leaders.GM survived for 100 years, steering through two...

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GMAC mortgage unit might not survive!

General Motors Corp. says the troubled mortgage industry and frozen credit markets have raised doubts that the mortgage business of its GMAC financial arm can survive.The automaker said today in a filing with the Securities and Exchange Commission that...

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GM stock spirals after analyst's grim forecast

A key Wall Street analyst slashed his target price for General Motors Corp. shares to zero today, saying the company could run short of cash by December and that even with government aid, shareholders are likely to lose their investment....ArticleStupid...

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A Great Automotive Rebuttal- Gm, Chrysler, Ford, Hyundai,Nissan

The Big Three should get the money they need to consolidate and change the direction of the auto industry. The major players will have to work together to survive and build alternative power standardization. Everyone has been screaming they want alternative...

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